New York Times columnist David Leonhardt talks with Bob Moon about the paradox of corporate taxes: why big corporations like Yahoo and General Electric pay taxes that aren't very high, and whether anything can be done about it.
Attempts to completely overturn health care reform aren't likely to succeed. But business is expected to score one victory in the process: the removal of a regulation that would have greatly expanded tax reporting.
It's been 25 years since the last overhaul of the U.S. code. But some think the economy and the politics are finally aligned for another overhaul. John Dimsdale explains.
Illinois state legislators passed a 66 percent income tax increase in an effort to close a $15 billion hole in the state budget. John Dimsdale explains.
Treasury Secretary Timothy Geithner is expected to meet with executives to discuss the current business tax rate — right now, a high 35 percent. It'll be an important discussion, reports David Gura.